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Q.

Why FDI IN RETAIL SECTOR is being opposed ?

Tags: money, careers, retail
Asked by azam khan, 03 Dec '11 02:01 pm
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Answers (8)

 
1.

It's just an illusion of fear of the retailer catalyzed by political parties for cheap popularity ............same thing we thought when computer was first introduced ......... same thing we thought when India was for globalization ...... may be some traders will have some initial trouble but it will be real boon to common man .......today also Big bazaar , Reliance retail , Birla outlets are running and common man is benefited of 2 counts ...reasonable price and excellent quality ....... I don't think other retailers have gone bankrupt for this reasons .My views only
Answered by PARTHA PATHAK, 03 Dec '11 02:13 pm

 
  
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2.

Lest it may adversely effect our retail sector: This shows we are not competent enough:
BJP and other opposition parties have demanded a rollback on the FDI decision and the response to the bandh call in opposition-ruled Gujarat and Bihar was partial. In Delhi, Andhra Pradesh and Assam also it was partial.

Kirana and neighbourhood shops remained open in a majority of places. In Delhi, markets like Sarojini Nagar and INA disassociated from the day-long strike call, saying the protest was uncalled for.

Shopkeepers in many cities took out marches demanding a rollback of the government move even as traders bodies said the decision will create an uneven playing field in the country which will tilt towards multi-national companies and prove to be a nightmare for traders and consumers.

Confederation of All India Traders (CAIT) Secretary General Praveen Khandelwal claimed traders across the country were participating in the strike.

Around five crore traders belonging to 10,000 t ...more
Answered by jameel ahmed, 03 Dec '11 03:20 pm

 
  
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3.

It will be like a big fish , finishing off the smaller ones , when so many countries have closed doors to these giants , now this loot brigade is opening the door , -- it will create many problems more and more - like land- grab . need of electricity and MMS is bent upon promoting Nuclear energy ... at the time when all other countries are giving a rethink to it after tsunami and nuclear disaster .. this loot brigade is hell bent on anti-people policies .. one more thing , the loot and hidden black money will enter through FDI and that is also a main reason of government's stubborn attitude .
Answered by lolita mansfield, 03 Dec '11 03:09 pm

 
  
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4.

Coz it is supposed that it will make the retailos jobless. coz wallmart wale bahot saste me saman supplu karte hai customers. its good for customers but bad for retailors
Answered by ambuj kumar, 03 Dec '11 02:04 pm

 
  
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5.

Imaginary loss to retailers is the main reason
Answered by ts, 03 Dec '11 02:04 pm

 
  
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6.

India ke sabhi retailers ko nuksaan hoga
Answered by kamal purohit, 03 Dec '11 02:03 pm

 
  
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7.

Because it is going to ruin all retailers of India.
Answered by ajay, 03 Dec '11 02:02 pm

 
  
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8.

1. Move will lead to large-scale job losses. International experience shows supermarkets invariably displace small retailers. Small retail has virtually been wiped out in developed countries like the US and in Europe. South East Asian countries had to impose stringent zoning and licensing regulations to restrict growth of supermarkets after small retailers were getting displaced and India, taking such decisions takes an infinity.
2. India has the highest shopping density in the world with 11 shops per 1,000 people. It has 1.2 crore shops employing over 4 crore people; 95% of these are small shops run by self-employed people who had come into retail because of lack of manufacturing and agricultural employment.
3. Retailing do not involve any technology that is peculiar to foreigners and had to be imported by us.
4. Retail giants like wal-mart make and have made enormous profits. With their deep pockets they can under cut the prices and buy high and sell cheap and can afford the los ...more
Answered by Chandra sekhar Krishnan, 03 Dec '11 02:45 pm

 
  
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